NOT LISTED FOR SALE

1220 Colorado Ave SE Grand Rapids, MI 49506

South East End Neighborhood

Estimated Value: $313,000 - $407,000

3 Beds
1.5 Baths
1,769 Sq Ft
$197/Sq Ft Est. Value

Last Sold February 06, 2017

Last sale price $151,000 $85 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,190/month

4 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Storm Windows
  • Traditional Architecture
  • 1 Car Detached Garage
  • Patio

About This Home

As of February 2017

PRICED TO SELL IMMEDIATELY. Excellent 2 story. Everything has been recently updated; kitchen, bath, mechanicals. This is a great value and will not last.

Last Agent to Sell the Property

John Schlundt-Bodien

Greenridge Realty (Summit) Listed on: 01/13/2017

Last Buyer's Agent

Brooke Krebill

Five Star Real Estate (Grandv) License #6501364776

Five Star Real Estate (Grandv)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,405

Year Built

  • Built in 1927

Lot Details

  • 6,229 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Back Yard Fenced
  • Property is zoned Res., Res.

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1,769 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Recreation Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Storm Windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,405

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1927
  • ResoPropertyType: Residential
  • Architectural Style:Traditional: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Basement: Full
  • LivingArea: 1769.0
  • Window Features: Storms, Screens
  • Basement Rooms:Total Basement SQFT: 785.0
  • Fireplace:Living: Yes
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced Back
  • List Price: 139900.0
  • Lot Features: Sidewalk
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Garage: Yes
  • Parking Features: Detached
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 1.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public
  • Utilities: Natural Gas Connected, Cable Connected
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Dimensions: 50x125
  • Lot Size Sq Ft: 6229.0
  • Zoning Description: Res.
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3404.64
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
Feb 2, 2017
Sold by
Vanetten Susan and Rymers Susan
Bought by
Jby Financial Llc
Seller's Agent
John Schlundt-Bodien
Greenridge Realty (Summit)
Buyer's Agent
Brooke Krebill
Five Star Real Estate (Grandv)
List Price
$139,900
Sold Price
$151,000
Premium/Discount to List
$11,100
7.93%
Total Days on Market
4
Current Estimated Value
$348,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,850
Avg. Annual Appreciation
10.66%
Original Mortgage
$115,500
Outstanding Balance
$96,968
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$254,810

Purchase Details

Listed on
Jan 13, 2017
Closed on
Jan 31, 2017
Sold by
Jby Financial Llc
Bought by
Niepoth Patricia M and Niepoth Edward H
Seller's Agent
John Schlundt-Bodien
Greenridge Realty (Summit)
Buyer's Agent
Brooke Krebill
Five Star Real Estate (Grandv)
List Price
$139,900
Sold Price
$151,000
Premium/Discount to List
$11,100
7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Outstanding Balance
$96,968
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$254,810

Purchase Details

Listed on
Jan 13, 2017
Closed on
Jan 4, 2017
Sold by
Rymers Susan L and Homeloan Usa Corp
Bought by
Roc New Homes Llc
Seller's Agent
John Schlundt-Bodien
Greenridge Realty (Summit)
Buyer's Agent
Brooke Krebill
Five Star Real Estate (Grandv)
List Price
$139,900
Sold Price
$151,000
Premium/Discount to List
$11,100
7.93%

Purchase Details

Closed on
Aug 19, 2015
Sold by
Rymers Susan L
Bought by
Jby Financial Llc

Purchase Details

Closed on
May 21, 1998
Sold by
Koski Koski W W and Koski J
Bought by
Rymers Rymers S and Rymers Susan L

Purchase Details

Closed on
Jul 29, 1988
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jby Financial Llc -- None Available
Niepoth Patricia M $151,000 None Available
Roc New Homes Llc $106,001 None Available
Jby Financial Llc $18,000 Attorney
Rymers Rymers S $95,000 --
-- $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niepoth Stephanie M $115,500
Previous Owner Rymers Susan L $25,000
Previous Owner Rymers Susan L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2017 02/06/17 Sold $151,000 +7.9% $85 / Sq Ft
01/17/2017 01/17/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $139,900 -- $79 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,866 $165,200 $0 $0
2023 $2,907 $142,500 $0 $0
2022 $2,760 $124,300 $0 $0
2021 $2,699 $111,500 $0 $0
2020 $2,580 $101,000 $0 $0
2019 $2,702 $88,100 $0 $0
2018 $2,610 $75,000 $0 $0
2017 $1,902 $65,100 $0 $0
2016 $3,405 $59,700 $0 $0
2015 $3,795 $59,700 $0 $0
2013 -- $56,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Schlundt-Bodien

    Seller's Agent in 2017

    John Schlundt-Bodien

    Greenridge Realty (Summit)

    (616) 292-6924

    2 in this area

    206 Total Sales

    John Schlundt-Bodien
    Section Image

  • B

    Buyer's Agent in 2017

    Brooke Krebill

    Five Star Real Estate (Grandv)

    (616) 240-6981

    1 in this area

    56 Total Sales

    Brooke Krebill
    Section Image
See All Agents

Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 17001452

Southwestern Michigan Association of REALTORS®

APN: 41-18-05-227-007

Michigan Kent County Grand Rapids 49506 South East End

1220 Colorado Ave SE, Grand Rapids, MI

This home is located at 1220 Colorado Ave SE, Grand Rapids, MI 49506 since 13 January 2017 and is currently estimated at $348,850, approximately $197 per square foot. This property was built in 1927. 1220 Colorado Ave SE is a home located in Kent County with nearby schools including Mulick Park Elementary School, Alger Middle School, and Ottawa Hills High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southwestern Michigan Association of REALTORS® Information is deemed reliable but not guaranteed.
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